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Stock Compensation (Tables)
3 Months Ended
Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable [Table Text Block]
A summary of warrants outstanding as of December 31, 2014 and related activity during the three months then ended, under HGI's incentive plan are as follows (share amounts in thousands):
 
 
HGI
Warrants
 
Units
 
Weighted Average Exercise Price
 
Weighted
Average Grant
Date Fair Value
Warrants outstanding at September 30, 2014
 
3,000

 
$
13.13

 
$
3.22

Exercised
 

 

 

Warrants outstanding at December 31, 2014
 
3,000

 
13.13

 
3.22

Warrants vested and exercisable at December 31, 2014
 
600

 
13.13

 
3.22

Warrants outstanding and expected to vest
 
2,400

 
13.13

 
3.22

Summary of Stock Options Outstanding and Related Activity
A summary of stock options outstanding as of December 31, 2014 and related activity during the three months then ended, under HGI, Fidelity & Guaranty Life Holdings, Inc. ("FGH"), and FGL’s respective incentive plans are as follows (option amounts in thousands):
 
 
HGI
 
FGH
 
FGL
Stock Option Awards
 
Options
 
Weighted Average Exercise Price
 
Weighted
Average Grant
Date Fair Value
 
Options
 
Weighted Average Exercise Price
 
Options
 
Weighted Average Exercise Price
 
Weighted
Average Grant
Date Fair Value
Stock options outstanding at September 30, 2014
 
4,624

 
$
8.14

 
$
3.28

 
225

 
$
46.19

 
242

 
$
17.00

 
$
3.72

Granted
 
822

 
13.36

 
5.25

 

 

 
176

 
24.87

 
5.10

Exercised
 
(306
)
 
6.32

 
2.41

 

 

 
(2
)
 
17.00

 
5.26

Forfeited or expired
 

 

 

 
(1
)
 
49.45

 
(1
)
 
20.93

 
5.18

Stock options outstanding at December 31, 2014
 
5,140

 
9.09

 
3.65

 
224

 
46.18

 
415

 
20.32

 
4.29

Stock options vested and exercisable at December 31, 2014
 
2,419

 
7.96

 
3.18

 
166

 
45.02

 
78

 
17.00

 
3.67

Stock options outstanding and expected to vest
 
2,721

 
10.09

 
4.08

 
56

 
46.15

 
313

 
20.25

 
4.24

Summary of Restricted Stock and Restricted Stock Units Outstanding and Related Activity
A summary of restricted stock, restricted stock units and Performance Restricted Stock Units ("PRSUs") outstanding as of December 31, 2014 and related activity during the three months then ended, under HGI, Spectrum Brands, FGH and FGL’s respective incentive plans are as follows (share amounts in thousands):
 
 
HGI
 
FGL
Restricted Stock Awards
 
Shares
 
Weighted
Average Grant
Date Fair Value
 
Shares
 
Weighted
Average Grant
Date Fair Value
Restricted stock outstanding at September 30, 2014
 
5,438

 
$
9.75

 
172

 
$
18.18

Granted
 
1,885

 
13.36

 
250

 
24.34

Exercised / Released
 
(2,447
)
 
8.84

 
(55
)
 
18.03

Forfeited
 

 

 
(2
)
 
22.49

Restricted stock outstanding at December 31, 2014
 
4,876

 
11.60

 
365

 
22.40

Restricted stock outstanding and expected to vest
 
4,855

 
11.61

 
342

 
22.34

 
 
HGI
 
Spectrum Brands
 
FGH
Restricted Stock Units
 
Units
 
Weighted
Average Grant
Date Fair Value
 
Units
 
Weighted
Average Grant
Date Fair Value
 
Units
 
Weighted
Average Grant
Date Fair Value
Restricted stock units outstanding at September 30, 2014
 
7

 
$
11.84

 
827

 
$
67.66

 
26

 
$
49.55

Granted
 
6

 
13.36

 
233

 
90.40

 

 

Exercised / Released
 

 

 
(584
)
 
69.12

 
(12
)
 
49.45

Forfeited
 

 

 
(5
)
 
69.49

 

 

Restricted stock units outstanding at December 31, 2014
 
13

 
12.54

 
471

 
77.08

 
14

 
49.64

Restricted stock units outstanding and expected to vest
 
13

 
12.54

 
471

 
77.08

 
13

 
49.64


 
 
FGL
Performance Restricted Stock Units
 
Units
 
Weighted
Average Grant
Date Fair Value
Performance restricted stock units outstanding at September 30, 2014
 
578

 
$
17.37

Granted
 
40

 
20.36

Performance restricted stock units outstanding at December 31, 2014
 
618

 
17.56

Performance restricted stock units expected to vest
 
618

 
17.56

Assumptions Used in Determination of Grant Date Fair Values Using Black-Scholes Option Pricing Model
The following assumptions were used in the determination of these grant date fair values for options awarded using the Black-Scholes option pricing model:
 
Three months ended December 31,
 
2014
 
2013
Risk-free interest rate
1.58% to 1.87%
 
1.46% to 1.75%
Assumed dividend yield
—%
 
—%
Expected option term
5.0 to 6.5 years
 
5.3 to 6.0 years
Volatility
38.0% to 39.0%
 
41.2%